Why Disability Insurance Should Be Part of Your Paid Leave Strategy

Benefits are becoming a key differentiator in the job market. A 2017 report by the Society for Human Resource Management (SHRM) reports that nearly one third of organizations increased their benefit offerings over the past 12 months. The leading reason? To remain competitive in the talent marketplace. Amid all the benefits being offered today, from…

DNA strands

Genetic Testing at Work

Do the rewards of genetic testing of employees outweigh the possible risks it presents to their financial stability? This article by Carol Harnett, president of The Council for Disability Awareness, was recently published in Human Resource Executive. I became intrigued with genetics in sixth grade. I still recall being fascinated when Mrs. D’Amato described Gregor Mendel’s…

Woman with crutches sitting on a sofa

5 Frequently Asked Questions About Disability Insurance

Disability insurance provides critical financial protection to American workers. Yet it’s a highly misunderstood form of insurance. You probably have health insurance, home or renter’s insurance, and car insurance. But what about your need for income protection insurance? Disability insurance pays you a portion of your income when an injury or illness takes you out…

Woman holding her wrist.

The Impact of Chronic Pain in the Workplace

Chronic pain is affecting more and more Americans. A 2015 study by the National Institutes of Health’s National Center for Complementary and Integrative Health revealed that chronic or severe pain affects nearly 50 million American adults on a consistent basis. What impact does chronic pain have on the workforce, and how can your HR team better…

The Cost of Cancer – Planning for Survival

No one plans to have cancer. Aside from the shock and anxiety for the future a diagnosis brings, cancer also presents a financial situation that few people fully consider. Huge medical bills, on top of the typical expenses like college loans, mortgages, and car payments, can leave survivors concerned about their finances. Despite this, there…

Unseen Employee Disability Costs, Part 2

In last month’s blog post, I wrote about how the non-occupational disabilities covered under salary continuation or disability insurance plans are more common than the occupational disabilities covered under workers’ compensation. I suggested that your benefits team should be as focused on managing the costs of non-occ disabilities as your risk management team is on…